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bernie2981 bernie2981
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Posts: 3810
8 years ago
Job 222 started on June 1 and finished on July 15. Total cost on July 1 was $12,400, and the costs added in July were $188,500. The entry for the sale at a price of $310,000 would be:

A) Accounts receivable      310,000   
   Sales Revenue      310,000

B) Work in process
inventory      200,900   
   Cost of goods sold      200,900

C) Finished goods inv.      200,900   
   Cost of goods sold      200,900

D) Sales Revenue      310,000   
   Accounts receivable      310,000
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
Wow! Thank you
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